Some of the renowned and most influential Twitter accounts around the world were hacked recently to market fake Bitcoin giveaways. On the other hand, several other Reddit users have spotted a series of hidden encrypted messages in transactions transferred to the Bitcoin wallet at the centre of the ongoing scam.
Prominent accounts targeted within the Twitter attack included Joe Biden, Elon Musk, George Wallace, Bill Gates , Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack Obama, and Jeff Bezos. The accounts were hacked with a message assuring that if users transfer Bitcoin [BTC] to a specific address they’d get a return in the ratio of 2:1.
In line with the blockchain data, a user sent 0.00005348 Bitcoin [BTC] — roughly around half a dollar in 7 different transactions to the BTC wallet related to the Twitter hack. The yet to be identified sender spent 0.00121639 BTC in transaction fees – $11.19 USD – to send the subsequent message:
Just Read All
Transaction Outputs As Text
You Take Risk When Use Bitcoin
For Your Twitter Game
Bitcoin is Traceable
Why Not Monero
At the reporting time, scammers have conned Twitter users out of 12.86 BTC, or roughly $118k. It’s unclear whether the message was targeting those liable for the hack, or for those that fell for the Bitcoin giveaway scam via transferring crypto assets.
Monero Still More Preferred Than Bitcoin
Monero (XMR) is documented within the crypto community as a coin with more privacy features than Bitcoin, and is taken into account by many as the token of choice for scammers and dark web activities.
Reddit user ethereumflow added that the message was strategic, therein it reached people that use BTC to urge them to research a number of the differences with XMR:
“I doubt anyone that has Monero would fall for this scam but tons of gullible people have BTC, no disrespect. I’m sure the intention was always to eventually swap for Monero. Questions are going to be directed at whichever exchange this happens with I’m sure. Is that this good press for Monero? I don’t know. But it does advertise the high level of privacy and security.”